Keystone Intelligence News Today

BlackRock has submitted an application to Taiwan’s financial regulator to launch a zero to three-month US treasury index fund.

Taiwan’s Public Service Pension Fund will be overhauled with new members to be enrolled in a defined contribution scheme rather than the current defined benefit. Other restructuring measures have also been adopted.

Taiwan's Bureau of Labor Funds is taking on more risk through its passive equity mandate as it banks on a rally in global equity markets.

The Bureau of Labor Funds should be more conservative in issuing mandates in the first half of 2023, as rate hikes continue to pressure the global market, market advisors said.

Net inflows into the 218 ETFs in Taiwan dropped to $21.98 billion in the 11 months to November 2022 from $32.61 billion in all of 2021.

Participation in Taiwan ETF regular savings plans rose 25% to 571,744, underscoring investors’ preference for stable long-term returns and lower volat...

Taiwan’s onshore fund market assets under management drops 2.5% to US$177.2 billion, offshore fund assets shrinks 6.2% to $132 billion.

Taiwan’s fixed income funds have come under selling pressure and fundraising has been affected as US bond yields rise with rate hikes.

Keystone Intelligence data shows that Taiwan onshore and offshore funds experienced month-on-month declines in February, with the latter harder hit.

Assets under management of Taiwan’s insurance-linked product mandate industry was at US$41.9 billion in February, $1 billion more than in January.